Walaa Cooperative Insurance Co.
Wasif Minhas is an experienced insurance professional with a robust background in underwriting, technical management, and regulatory oversight. Currently serving as Chief Technical Officer and VP Technical / Chief Underwriting Officer at Walaa Cooperative Insurance Company since 2011, Wasif oversees the technical department, focusing on General Lines, Medical, and Reinsurance. Previous roles include Ad-Interim VP Technical and Head of Engineering and Casualty Insurance at the same company, along with significant positions at Aon Risk Services and New Jubilee Insurance Company Limited. Wasif's early career included regulatory responsibilities at the Securities and Exchange Commission of Pakistan. Educational qualifications comprise degrees in Risk Management (ARM), Insurance (ACII), Management (MSM), and Marketing (MBA).
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Walaa Cooperative Insurance Co.
We take pride in introducing ourselves as one of the leading insurance and reinsurance companies in the Kingdom of Saudi Arabia, with a fully paid-up capital of SAR 850 million. We have been assigned an A- Insurance Financial Strength Rating (IFSR) by S&P Global Ratings and gcAAA GCC regional scale financial strength credit rating, both with a 'stable' outlook. Moody’s Investors Service rated Walaa with a financial strength rating of A3. Headquartered in Al-Khobar - Eastern province, the oil hub of the Kingdom, we serve our clients all over the Kingdom through three regional offices and more than 70 retail offices.